0000000000-24-004121.txt : 20240620 0000000000-24-004121.hdr.sgml : 20240620 20240416150006 ACCESSION NUMBER: 0000000000-24-004121 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240416 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: SITE Centers Corp. CENTRAL INDEX KEY: 0000894315 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 341723097 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 001-11690 BUSINESS ADDRESS: STREET 1: 3300 ENTERPRISE PARKWAY CITY: BEACHWOOD STATE: OH ZIP: 44122 BUSINESS PHONE: 2167555500 MAIL ADDRESS: STREET 1: 3300 ENTERPRISE PARKWAY CITY: BEACHWOOD STATE: OH ZIP: 44122 FORMER COMPANY: FORMER CONFORMED NAME: DDR CORP DATE OF NAME CHANGE: 20110914 FORMER COMPANY: FORMER CONFORMED NAME: DEVELOPERS DIVERSIFIED REALTY CORP DATE OF NAME CHANGE: 19940218 PUBLIC REFERENCE ACCESSION NUMBER: 0000950170-24-019352 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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filename2.txt United States securities and exchange commission logo April 16, 2024 Conor Fennerty Executive Vice President, Chief Financial Officer & Treasurer SITE Centers Corp. 3300 Enterprise Parkway Beachwood, OH 44122 Re: SITE Centers Corp. Form 10-K for the fiscal year ended December 31, 2023 File No. 001-11690 Dear Conor Fennerty: We have limited our review of your filing to the financial statements and related disclosures and have the following comment. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for the fiscal year ended December 31, 2023 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations, page 30 1. We note from your most recent earnings call that the pace of dispositions has remained robust and that you have almost $750 million of real estate currently either under LOI or in contract negotiation. While the disclosure in your Form 10-K notes that you have engaged in significant disposition activity in recent periods, it is not clear from your disclosure whether you are following a broader strategy to dispose of certain assets, other than those related to the announced planned spin-off, and whether or not that trend should be expected to continue into future periods. Please tell us what consideration you have given to discussing known trends or uncertainties that are reasonably likely to have a material impact on your cash flows, liquidity, capital resources, cash requirements, financial position, or results of operations related to your disposition strategy within your Management s Discussion and Analysis of Financial Condition and Results of Operations. Reference is made to Item 303 of Regulation S-K. In closing, we remind you that the company and its management are responsible for the Conor Fennerty SITE Centers Corp. April 16, 2024 Page 2 accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Eric McPhee at 202-551-3693 or Jennifer Monick at 202-551-3295 with any questions. FirstName LastNameConor Fennerty Sincerely, Comapany NameSITE Centers Corp. Division of Corporation Finance April 16, 2024 Page 2 Office of Real Estate & Construction FirstName LastName